Decentralization trading platform Theo has completed a $20 million financing.

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[Decentralization] trading platform Theo has completed a total financing of 20 million USD. This round of financing consists of two parts: a 4.5 million USD seed round led by the [Quantitative Investment] firm Manifold Trading, completed in March 2024, and a recent 15.5 million USD financing led by [Crypto Assets] investment institutions Hack VC and Anthos Capital. Theo was founded by three former employees from high-frequency trading firms Optiver and IMC Trading. The platform allows ordinary investors to use trading strategies that are usually restricted to top high-frequency trading companies.

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